Purchase Solution

High & Low Involvement Purchases

Not what you're looking for?

Ask Custom Question

What are some examples of a high and a low involvement purchases you have made in the past?

What decision-making process did you follow to make these purchases?

Were there differences in your decision-making process for the two purchases? Why

Purchase this Solution

Solution Summary

The solution lists some examples of high & low involvement purchases together with the decision making processes that have been used. A reference is included.

Solution Preview

Hello,

Please find below my response to assist you with your homework.

Thank you for patronizing BrainMass.

Sincerely yours,
Your OTA
--------------------------------

Questions
What are some examples of a high and a low involvement purchases you have made in the past?
High involvement purchases:
? Acer Laptop
? Condura Refrigerator
? Sansui LCD/Flat screened television set
? Phillips Portable DVD Player
? CD-R King DVD/VCD/CD Player
? Toyota Car
? House
Low involvement purchases:
? Shampoo, toothpaste, hair conditioner, lotion, slippers, clothes, bags, etc.
What decision-making process did you follow to make these purchases? Were there differences in your decision-making process for the two purchases? Why?
High involvement purchases involve complex decision making processes wherein there was a thorough searching and gathering of information about the product and its competitors were being considered before the actual purchase was done. There were steps that I have done during the decision making process. First, I ...

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Operations Management

This quiz tests a student's knowledge about Operations Management

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.